Russian crypto miners ‘turning their attention to Dogecoin’ – lawmaker

According to Deputy Chairman Anton Gorelkin, only 49.4% of Russian crypto miners are focused on Bitcoin, down significantly. Currently, 8.4% are mining Dogecoin, with Litecoin following at 11.1%.

A new law requires large mining operations to register with the Federal Tax Service, aiming for an estimated 50-60 billion rubles in annual revenue. However, illegal mining activities are reportedly on the rise, especially in Siberia.

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